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MKDWELL Tech To Acquire The Entire Issued Share Capital Of Landvision; Deal Valued At $240M Via 30M New Shares At $8 Per Share

Jul 17, 2026, 9:18 PMBenzinga Newsdesk

MKDWELL Tech Inc. ("MKDWELL" or the "Company") (NASDAQ:MKDW), an automotive electronics manufacturer, today announced that it has entered into a sale and purchase agreement (the "Agreement") to

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Jul 17, 2026, 9:18 PM
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  1. Jul 17, 2026, 9:15 PMNa

    MKDWELL Tech Inc. to Acquire Premium Smart-Home and IoT Group, Diversifying Beyond Automotive Electronics

    MKDWELL Tech Inc., an automotive electronics manufacturer, announced it will acquire Landvision Inc., a developer of AI-enabled smart-home and IoT products, for $240 million through the issuance of 30 million new shares at $8.00 per share. The acquisition aims to diversify MKDWELL's business into the high-growth consumer smart-home sector while leveraging complementary strengths in embedded electronics and manufacturing. Completion is expected in August 2026.

    Read original at globenewswire-inc
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